Zen Graphene Solutions Stock Alpha and Beta Analysis
| ZTEK Stock | USD 1.15 0.01 0.88% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ZEN Graphene Solutions. It also helps investors analyze the systematic and unsystematic risks associated with investing in ZEN Graphene over a specified time horizon. Remember, high ZEN Graphene's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to ZEN Graphene's market risk premium analysis include:
Beta (0.28) | Alpha 0.58 | Risk 6.94 | Sharpe Ratio 0.0801 | Expected Return 0.56 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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ZEN Graphene Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ZEN Graphene market risk premium is the additional return an investor will receive from holding ZEN Graphene long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ZEN Graphene. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate ZEN Graphene's performance over market.| α | 0.58 | β | -0.28 |
ZEN Graphene expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of ZEN Graphene's Buy-and-hold return. Our buy-and-hold chart shows how ZEN Graphene performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ZEN Graphene Market Price Analysis
Market price analysis indicators help investors to evaluate how ZEN Graphene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZEN Graphene shares will generate the highest return on investment. By understating and applying ZEN Graphene stock market price indicators, traders can identify ZEN Graphene position entry and exit signals to maximize returns.
ZEN Graphene Return and Market Media
The median price of ZEN Graphene for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 0.8 with a coefficient of variation of 19.94. The daily time series for the period is distributed with a sample standard deviation of 0.16, arithmetic mean of 0.82, and mean deviation of 0.13. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Zentek Provides Regulatory Update for ZenGUARD Enhanced Air Filters | 10/31/2024 |
2 | Zentek and Triera Biosciences Ltd. Receive 1.1 Million Government of Canada Contract to Test Multivalent Aptamer Technology | 11/06/2024 |
About ZEN Graphene Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ZEN or other stocks. Alpha measures the amount that position in ZEN Graphene Solutions has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 3.9K | 32.35 | 10.3K | 9.0K | PTB Ratio | 10.29 | 6.77 | 7.69 | 8.07 |
ZEN Graphene Upcoming Company Events
As portrayed in its financial statements, the presentation of ZEN Graphene's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ZEN Graphene's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ZEN Graphene's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ZEN Graphene. Please utilize our Beneish M Score to check the likelihood of ZEN Graphene's management manipulating its earnings.
| 9th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out ZEN Graphene Backtesting, ZEN Graphene Valuation, ZEN Graphene Correlation, ZEN Graphene Hype Analysis, ZEN Graphene Volatility, ZEN Graphene History and analyze ZEN Graphene Performance. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
ZEN Graphene technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.